Are you all interested and looking at the option to convert your Bitcoin to Ethereum? Then you are on the best platform. Here we will clear all your doubts regarding the conversion of Bitcoin into Ethereum. Bitcoin is one of the most trending investment options this day. Experts recommend investing in Bitcoin. However, it is sometimes exciting to invest in other types of cryptocurrencies. There are two main mediums we will see to convert Bitcoin to Ethereum.
1] Shapeshift
Shapeshift is the best channel to exchange Cryptocurrency. The specialty of using Shapeshift is that the exchange speed of any currency is very fast or instant. Generally, we are required just two things to convert Bitcoin into Ethereum; one is the availability of Bitcoin at the bitcoin prime website, and the second is the Ethereum wallet address. Following is the procedure for the conversion.
- Visit https://shapeshift.io/ and select Bitcoin in deposit and select Ethereum in receive.
- Enter your Ethereum and Bitcoin wallet address. Although Bitcoin address is not compulsory, it helps in the refund.
- Select Start Transaction and get the address of the receiver, now check all the details and make the transaction.
This process is relatively straightforward and quick for the conversion of Bitcoin to Ethereum using Shapeshift.
2] Changelly
Changelly is another platform for the conversion of Bitcoin to Cryptocurrency with minimum transaction charges. At Changelly, we can buy Ethereum by using Bitcoin, and the transactions are done instantly. Reviews about Changelly are excellent; users are delighted with amazing service. The procedure for transactions on Changelly are as follows:
- Visit the official site of Changelly https://changelly.com/history and select Bitcoin and Ethereum in the slots.
- Create your Changelly account, which will keep ledgers of transactions and let you check transaction details.
- Then after clicking on next, get the wallet address of Ethereum, you want your currency to deposit.
- After coming to another page now, you will be shown the transaction details; it is suggested to check transaction details carefully before confirming your payment. Once it’s done, you will receive the confirmation email.
This was the way of exchanging Bitcoin and Ethereum. Points need to be remembered while using Changelly.
- Before proceeding with your transaction, I suggest you double-checking your transaction details, especially the address. If somehow the payment fails or gets transferred to an unknown account, refunds won’t be possible.
- On every transaction, Changelly has relatively low transaction fees. Usually around 0.5% of the total amount.
So well, these were the proven ways of instantly converting Bitcoin into Ethereum using Shapeshift and Changelly. Again, we would remind you that every information present in this article is for reference purposes only, and anything herein contained shouldn’t influence your financial decision. This marks the end, and we will catch you in the next one!
